Apply for the Georgia Dream Homeownership Program

Apply for the Georgia Dream Homeownership Program | Georgia.gov

Apply for the Georgia Dream Homeownership Program | Georgia.gov Skip to main content State of Emergency Declared Ahead of Hurricane Isaias Prepare for severe weather and follow official updates. The Georgia Dream Homeownership Program provides affordable mortgage financing for eligible homebuyers. The Georgia Dream Homeownership Program makes purchasing a home possible for eligible residents. Georgia Dream provides affordable financing options, down payment and closing cost assistance, and homebuyer education. Active military members, public protectors, educators, healthcare providers, and residents with family members living with a disability qualify for special down payment loan options. Determine if You’re Eligible To qualify for the Georgia Dream Homeownership Program, you must: Be a first-time homebuyer, have not owned a home in the past three years, or be purchasing a home in certain areas of Georgia. Not have a household income that exceeds the maximum household income (visit the Georgia Department of Community Affairs website for income limits). Have liquid assets of no more than $20,000 or 20% of the sales price (whichever is greater). Meet mortgage loan credit requirements. Be purchasing a home with a sales price that does not exceed the limit (varies by county). Visit the Georgia Department of Community Affairs website for more eligibility details. Gather What You’ll Need Qualifying for a mortgage through the Georgia Dream program requires certain documentation. Please work closely with your lender to collect and fill out all the required forms and paperwork. Required documents include: Most recent 3 consecutive years IRS transcripts Most recent signed complete personal tax returns A copy of lender’s Delegated Underwriter’s Transmittal signed 92900LT form with comments stating his/her review of the application Credit report Fraud report A signed Application Affidavit form (required by Georgia Dream) Signed letter of explanation addressing all prior addresses and no prior homeownership or a copy of the no-record results to the IRS request for the prior 3 years 1098 transcripts A minimum of $1,000 to put toward your home purchase Get Qualified Contact a Georgia Dream Participating Lender to pre-qualify and begin the mortgage loan process. Visit the Georgia Department of Community Affairs (DCA) website for a list of participating lenders or call DCA at 1-800-359-HOME (4663) to get started. Next Steps Once you are pre-qualified, you can begin your home search process. Homebuyer counseling is required for all Georgia Dream loans. Georgia Dream borrowers must attend and complete either a homebuyer education workshop, an individual housing counseling session, or an online homebuyer education course through E-Home America. The average Georgia Dream process takes about 60 days from application to closing. Last updated April 2026 Primary 60 Executive Park South NE Atlanta, GA 30329 Primary (404) 679-4840 HCV Helpline (470) 802-4707 Facebook page for Department of Community Affairs X page for Department of Community Affairs LinkedIn page for Department of Community Affairs Instagram page for Department of Community Affairs Youtube page for Department of Community Affairs More Resources Related Services Find Available Rental Housing Apply for Housing Choice Voucher Program Related Links Georgia Dream Homeownership Program Did you find what you were looking for on this page? Extra feedback Send feedback